Innovative Industrial Properties INC

Market Movers (8-K)

NYSE
Innovative Industrial Properties, Inc. announced its second quarter 2026 financial results, highlighting $63.3 million in total revenues and a robust $300 million in liquidity.
Capital raise
NYSE
Innovative Industrial Properties reports a tenant default on two Florida properties, impacting approximately 5.2% of annualized contractual rent.
Worse than expected
NYSE
Innovative Industrial Properties, Inc. issued $402.5 million in 6.00% exchangeable senior notes due 2029 and utilized a portion of the proceeds for a share repurchase.
Capital raise
NYSE
Innovative Industrial Properties, Inc. announced the pricing of an upsized $402.5 million exchangeable senior notes offering and the full repayment of its $282 million 2026 Senior Notes.
Better than expected
Capital raise
NYSE
Innovative Industrial Properties stockholders approved the 2026 Omnibus Incentive Plan and re-elected five directors at the annual meeting.
NYSE
Innovative Industrial Properties, Inc. has entered into a $20 million loan agreement with A.G.P./Alliance Global Partners to support general corporate purposes and debt repayment.
Capital raise

Quarterly Earnings (10-Q)

NYSE
Innovative Industrial Properties, Inc. reported stable rental revenues in Q2 2026, alongside significant new debt issuance and continued investment in life sciences, while navigating tenant defaults.
Capital raise
NYSE
Innovative Industrial Properties reports significant revenue and earnings declines in Q3 2025 due to widespread tenant defaults in the cannabis sector, while actively expanding into life science investments.
Worse than expected
Capital raise
Delay expected
NYSE
Innovative Industrial Properties reports significant revenue and profit declines in Q2 2025, driven by widespread tenant defaults in the challenging cannabis market.
Worse than expected
Delay expected
Capital raise
NYSE
Innovative Industrial Properties (IIPR) reports a decrease in revenue and net income for Q1 2025, impacted by tenant defaults and market challenges in the regulated cannabis industry.
Worse than expected
NYSE
Innovative Industrial Properties' Q3 2024 results show a slight decrease in rental revenue and net income, alongside strategic moves in property management and financing.
Worse than expected
Delay expected
Capital raise
NYSE
Innovative Industrial Properties has filed an amendment to its quarterly report to correct a minor error in the certifications related to internal controls over financial reporting.

Annual Reports (10-K)

NYSE
Innovative Industrial Properties, Inc. reports significant financial declines and a going concern warning due to debt maturity, while strategically expanding into life science investments.
Delay expected
Worse than expected
Capital raise
NYSE
Innovative Industrial Properties (IIP) navigates a challenging cannabis market in 2024, reporting stable revenue but facing tenant defaults and strategic shifts.
Worse than expected
Capital raise
NYSE
Innovative Industrial Properties has filed an amendment to its annual report to correct a scrivener's error in the certifications related to internal controls over financial reporting.
NYSE
Innovative Industrial Properties, a cannabis-focused REIT, released its 2023 annual report, detailing financial performance, portfolio activity, and strategic updates.
Worse than expected
Delay expected
Capital raise

Insider Trading (Form 4)

NYSE
Innovative Industrial Properties director Bruce Alan Ives was granted 2,652 shares of restricted common stock.
NYSE
Innovative Industrial Properties director Scott Shoemaker was granted 2,652 restricted stock units as part of annual compensation.
NYSE
Innovative Industrial Properties, Inc. director David Gerard Boyle was granted 2,652 restricted stock units vesting in 2027.
NYSE
Innovative Industrial Properties Director Scott Shoemaker converted 911 restricted stock units into common stock, increasing his direct beneficial ownership.
NYSE
Innovative Industrial Properties CEO Paul Smithers was granted 47,643 shares of common stock and 6,654 restricted stock units, vesting over several years.
NYSE
Innovative Industrial Properties' Executive Chairman, Alan Gold, reported a new grant of 66,702 restricted stock units and updated his beneficial ownership.

Proxy Statements (Def-14A)

NYSE
Innovative Industrial Properties, Inc. filed its 2026 proxy statement detailing executive compensation, director elections, and the proposed 2026 Omnibus Incentive Plan.
Worse than expected
Capital raise
NYSE
Innovative Industrial Properties (IIP) announces its 2025 Annual Meeting of Stockholders, detailing proposals for director elections, auditor ratification, and executive compensation advisory vote.
NYSE
Innovative Industrial Properties (IIP) highlights its 2024 achievements, including revenue generation and stockholder returns, despite a challenging environment for the cannabis industry.
Better than expected
NYSE
Innovative Industrial Properties (IIP) is urging stockholders to vote in favor of its executive compensation plan, despite a recommendation against it from Institutional Shareholder Services (ISS).
Worse than expected
NYSE
Innovative Industrial Properties, Inc. files its definitive proxy statement with the SEC.
NYSE
Innovative Industrial Properties (IIP) has released its proxy statement detailing the agenda for its 2024 Annual Meeting of Stockholders, including the election of directors, ratification of the company's auditor, and an advisory vote on executive compensation.

Schedule 13G - Passive Investments

NYSE
Vanguard Capital Management reports beneficial ownership of 1,477,522 shares, representing 5.25% of Innovative Industrial Properties Inc.'s common stock as of March 31, 2026.
NYSE
Vanguard Portfolio Management has reported beneficial ownership of 9.73% of Innovative Industrial Properties Inc. common stock as of March 31, 2026.
NYSE
The Vanguard Group has amended its Schedule 13G filing for Innovative Industrial Properties Inc., reporting 0% beneficial ownership following an internal realignment.
NYSE
BlackRock, Inc. has filed an amended Schedule 13G, reporting a beneficial ownership of 16.7% of the common stock of Innovative Industrial Properties Inc. as of June 30, 2025.